National Pension Service cut its position in Digital Realty Trust, Inc. (NYSE:DLR – Free Report) by 47.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 499,823 shares of the real estate investment trust’s stock after selling 453,442 shares during the period. National Pension Service’s holdings in Digital Realty Trust were worth $77,328,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of Digital Realty Trust by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 54,260,359 shares of the real estate investment trust’s stock worth $8,394,620,000 after acquiring an additional 854,828 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Digital Realty Trust by 2.2% in the fourth quarter. Geode Capital Management LLC now owns 9,234,073 shares of the real estate investment trust’s stock worth $1,423,373,000 after acquiring an additional 197,180 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of Digital Realty Trust by 6.6% in the third quarter. Bank of America Corp DE now owns 8,930,551 shares of the real estate investment trust’s stock worth $1,543,914,000 after acquiring an additional 553,907 shares during the last quarter. APG Asset Management US Inc. boosted its stake in shares of Digital Realty Trust by 0.3% in the third quarter. APG Asset Management US Inc. now owns 8,638,801 shares of the real estate investment trust’s stock worth $1,481,122,000 after acquiring an additional 23,430 shares during the last quarter. Finally, Northern Trust Corp boosted its stake in shares of Digital Realty Trust by 9.1% in the third quarter. Northern Trust Corp now owns 5,647,534 shares of the real estate investment trust’s stock worth $976,346,000 after acquiring an additional 471,384 shares during the last quarter. 99.71% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of equities analysts have weighed in on DLR shares. Morgan Stanley boosted their price objective on Digital Realty Trust from $210.00 to $215.00 and gave the stock an “equal weight” rating in a research note on Friday, April 24th. Stifel Nicolaus boosted their price objective on Digital Realty Trust from $230.00 to $235.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. BMO Capital Markets boosted their price objective on Digital Realty Trust from $205.00 to $220.00 and gave the stock an “outperform” rating in a research note on Monday, April 20th. Scotiabank boosted their price objective on Digital Realty Trust from $195.00 to $222.00 and gave the stock an “outperform” rating in a research note on Monday, April 27th. Finally, Weiss Ratings raised Digital Realty Trust from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $215.89.
Digital Realty Trust Stock Performance
Shares of Digital Realty Trust stock opened at $189.94 on Friday. Digital Realty Trust, Inc. has a 52 week low of $146.23 and a 52 week high of $208.14. The business’s fifty day simple moving average is $189.93 and its 200-day simple moving average is $173.58. The firm has a market cap of $66.75 billion, a PE ratio of 50.12, a price-to-earnings-growth ratio of 5.16 and a beta of 1.06. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.78.
Digital Realty Trust (NYSE:DLR – Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 EPS for the quarter, meeting the consensus estimate of $0.46. Digital Realty Trust had a return on equity of 6.05% and a net margin of 21.73%.The business had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.63 billion. During the same quarter in the prior year, the company posted $1.77 EPS. The company’s quarterly revenue was up 16.2% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. Equities analysts forecast that Digital Realty Trust, Inc. will post 8.06 earnings per share for the current year.
Digital Realty Trust Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Monday, June 15th. Digital Realty Trust’s dividend payout ratio is 128.76%.
Digital Realty Trust Company Profile
Digital Realty Trust, Inc (NYSE: DLR) is a real estate investment trust that owns, acquires and operates carrier-neutral data centers and provides related colocation and interconnection solutions. The company focuses on large-scale, mission-critical facilities that support the physical infrastructure needs of cloud providers, enterprises, network operators and content companies. Digital Realty’s offerings are designed to enable secure, reliable and highly available IT infrastructure with an emphasis on power density, cooling, and physical security.
Digital Realty’s product set spans wholesale data center space, turnkey build-to-suit facilities, and retail colocation suites, complemented by interconnection services that allow customers to establish private and public connections to networks, cloud on-ramps and other ecosystem partners.
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